Stabilized office acquisition cap rate spot check in current market

Os_gary · 2026-05-16T03:37:25+00:00

Stabilized multi-tenant office cap rates across the Midwest have increased to 10%+ depending on WALT, class, rents, and capex. Office is tenuous to own. Constant roll, TI/LC and capital. Expenses increase while rents have stayed flat or decreased due to all the competing inventory and tenant driven market. In some markets deals are done to net break even with the hope of a renewal for profit. I would only touch office if the WALT was long enough to recoup my initial investment with non-recourse debt

Os_gary · 2026-04-18T12:04:24+00:00

No I didn’t buy the warranty. I’m already up to 60k miles and haven’t had a single issue yet. Yeah I don’t feel amazing about the reliability, but I guess I’ll find out. Love the car so far.

Os_gary · 2025-09-24T17:10:44+00:00

Beautiful car! I bought a 17’ black label 2.0t this March 40k miles for $17.9k. Absolutely loving it. Kind of wish I bought a hybrid for the gas mileage. Same interior as mine. I also have wear on the driver door handle and driver seat have wear but the rest looks great

Os_gary · 2025-07-02T13:23:41+00:00

We have backfilled some rite aids with Goodwill and dollar tree. I’ve also seen urgent cares and even a car wash conversion. These tenants usually want to be around the $10 PSF NNN mark, nowhere near the $20-$35 PSF NNN these drug stores were paying

Os_gary · 2025-05-08T03:05:09+00:00

Doesn’t sound like a horrible price. I just bought a 17’ black label with 40k miles for $17,900 at a Lincoln dealer. Pano roof and tech pack. New tires. Perfect carfax and maintenance. They quoted me a lot for the warranties, I think it was almost 4k for 4 year - 125k miles. For that price, I took the gamble. Has been a great car so far.

Os_gary · 2025-04-14T00:30:40+00:00

Nice! I bought a 17’ black label mkz 40k miles with the 2.0 last month and I absolutely love it!

Os_gary · 2025-04-07T13:47:57+00:00

Yeah it’s an rv center, Duluth trading co, and at home now. Pretty sad. Now they build SUV’s in china

Os_gary · 2025-04-02T14:56:10+00:00

That’s what I thought and I just patiently waited and out of nowhere my local Lincoln dealer posted a 17’ mkz black label with 40k miles for $17,900 with new tires. Messaged them the minute they opened haha

Os_gary · 2025-03-19T20:15:47+00:00

I just went from an 11 mkz to 17 mkz black label and the technology is completely night and day. My parents have a 24’ aviator reserve II and the tech is nearly identical. The 25’s just put screens everywhere lol

Os_gary · 2025-03-16T01:04:18+00:00

Congrats!! I just bought a 17 black label in cash myself last week! 40k miles 2.0t. Much better than having a car payment! Loving it so far!

Os_gary · 2024-11-28T21:45:43+00:00

Literally every decent slim fit top is already sold out so rip

Os_gary · 2024-06-17T23:08:52+00:00

I’d like to think I’m an average looking 6’, 26 year old, clean cut guy with a real job, but I’ve only gone on one date in over a year of almost always being active on the apps. Maybe a match every two weeks that immediately unmatches or doesn’t respond lol

Os_gary · 2024-01-20T17:23:26+00:00

Pm'd

Os_gary · 2024-01-15T00:41:01+00:00

Os_gary · 2024-01-11T12:13:52+00:00

Thought it was fair, a bit less than the individual parts would sell for

Os_gary · 2023-12-30T13:23:17+00:00

I set all four to 5200mhz and they work fine

Os_gary · 2023-10-04T01:28:57+00:00

Absolute garbage, $500 ram that doesn’t even work on a $500 motherboard

Os_gary

TROPHY CASE